Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[justusranvier]

also withholding blocks, to manipulate the perceived hashrate and effectively attack other mining pools, is a problem

The block withholding attack might actually end up being what limits the size of pools in the end.

If it's no longer safe to accept random members of the public into a pool, then the pool membership needs to be limited to trusted hashers.

This means a larger number of pools for a given number of hashers.

[GreekGeek]

nice bump on wikipedia's "bitcoin" article traffic
http://stats.grok.se/en/latest90/bitcoin

[shmadz]

also withholding blocks, to manipulate the perceived hashrate and effectively attack other mining pools, is a problem

The block withholding attack might actually end up being what limits the size of pools in the end.

If it's no longer safe to accept random members of the public into a pool, then the pool membership needs to be limited to trusted hashers.

This means a larger number of pools for a given number of hashers.

I used to really like small pools, until the hashrate started going nuts.

when your profits are being cut by 30-40 percent every couple weeks (every 10 days sometimes) it's hard to stay at a small pool that is having a "dry spell"

having said that,
305673   5 minutes   150   638.12 BTC   BTC Guild   86.09
305672   8 minutes   193   204.05 BTC   Discus Fish   115.96
305671   10 minutes   351   477.82 BTC   BTC Guild   202.79
305670   22 minutes   394   973.33 BTC   GHash.IO   193.73
305669   32 minutes   447   1,595.25 BTC   GHash.IO   290.72
305668   42 minutes   111   798.10 BTC   GHash.IO   91.57

woohoo! btc guild! stuff it in their stupid ghash faces! 

[ChartBuddy]

Explanation

[shmadz]

Explanation

exactly right buddy!

oscillations



up or down, only 2 directions in my mind, moon or bust!

[ChartBuddy]

Explanation

[shmadz]

We choochoose to go to the moon.

https://www.youtube.com/watch?v=yY_LtUQlHKs

[adamstgBit]

its over folks
its been a real pleasure
i'm going down with the ship

[fonzie]

It was a pleasure to work for you, but this ship is goin down hard!



Edit: Goddamn i love those 4 figure BTC market sales  

[adamstgBit]

[ChartBuddy]

Explanation

[Bitcoin_is_here_to_stay]

Another round of dumps. this is getting old Any particular reason this time, all just 51% attack, selling Silk Road coins, and reiteration of China ban?

[fonzie]

[fonzie]

Another round of dumps. this is getting old Any particular reason this time, all just 51% attack, selling Silk Road coins, and reiteration of China ban?

It´ain´t over till it´s over which is BTC / USD = 0$

[Raystonn]

We haven't made any new lows here.  I'm not sure what you're complaining about.  My own analysis shows we could go down as low as 420 before the exponential rise.  Any lower and then I start to worry.

[fonzie]

We haven't made any new lows here.  I'm not sure what you're complaining about.  My own analysis shows we could go down as low as 420 before the exponential rise.  Any lower and then I start to worry.

Let´s hope that 420$ holds!

[adamstgBit]

what happened to mega wall of death and glory?

[adamstgBit]

i should take my own advice and not be manipulated by market depth charts 

[JorgeStolfi]

Why the sudden gloom?  Price is falling a bit but still way up from April.

Some bad news that I did not see? Karpelès bought GHash.io?  The FBI seized the blockchain?  Satoshi committed seppuku?